KINGFISHER ORD 15 5/7P - Daily - Technical analysis published on 10/23/2019 (GMT)
- 222
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 203.93 GBX
My targets
226.16 GBX (+4.22%)
233.57 GBX (+7.64%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KINGFISHER ORD 15 5/7P as long as the price remains well above 203.93 GBX. The buyers” bullish objective is set at 226.16 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 233.57 GBX. If there is any crossing, the next objective would be the resistance located at 248.50 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KINGFISHER ORD 15 5/7P rating 217.00 GBX. On the day, this instrument gained +0.74% and was between 214.30 GBX and 218.20 GBX. This implies that the price is at +1.26% from its lowest and at -0.55% from its highest.214.30
218.20
217.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of KINGFISHER ORD 15 5/7P indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 188.00 | 194.90 | 203.93 | 217.00 | 226.16 | 233.57 | 248.50 |
| Change (%) | -13.36% | -10.18% | -6.02% | - | +4.22% | +7.64% | +14.52% |
| Change | -29.00 | -22.10 | -13.07 | - | +9.16 | +16.57 | +31.50 |
| Level | Major | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 209.23 | 212.07 | 213.73 | 216.57 | 218.23 | 221.07 | 222.73 |
| Camarilla | 214.16 | 214.58 | 214.99 | 215.40 | 215.81 | 216.23 | 216.64 |
| Woodie | 208.65 | 211.78 | 213.15 | 216.28 | 217.65 | 220.78 | 222.15 |
| Fibonacci | 212.07 | 213.79 | 214.85 | 216.57 | 218.29 | 219.35 | 221.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 185.27 | 195.13 | 205.27 | 215.13 | 225.27 | 235.13 | 245.27 |
| Camarilla | 209.90 | 211.73 | 213.57 | 215.40 | 217.23 | 219.07 | 220.90 |
| Woodie | 185.40 | 195.20 | 205.40 | 215.20 | 225.40 | 235.20 | 245.40 |
| Fibonacci | 195.13 | 202.77 | 207.49 | 215.13 | 222.77 | 227.49 | 235.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 175.66 | 182.24 | 192.76 | 199.34 | 209.86 | 216.45 | 226.96 |
| Camarilla | 198.57 | 200.14 | 201.71 | 203.28 | 204.84 | 206.41 | 207.98 |
| Woodie | 177.62 | 183.22 | 194.72 | 200.33 | 211.83 | 217.43 | 228.93 |
| Fibonacci | 182.24 | 188.77 | 192.81 | 199.34 | 205.88 | 209.91 | 216.45 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 62.73 | |
| MACD (12,26,9): | 5.3000 | |
| Directional Movement: | 15.68 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 212.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 197.21 | |
| Elder Ray (13): | 6.63 | |
| Super Trend (3,10): | 192.27 | |
| Zig ZAG (10): | 217.00 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 76.81 | |
| TEMA (21): | 217.26 | |
| Williams %R (14): | -20.46 | |
| Chande Momentum Oscillator (20): | 24.70 | |
| Repulse (5,40,3): | 0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 17.52 |
| MA7: | 216.83 | |
| MA20: | 203.59 | |
| MA50: | 197.89 | |
| MA100: | 204.62 | |
| MAexp7: | 213.85 | |
| MAexp20: | 206.51 | |
| MAexp50: | 203.22 | |
| MAexp100: | 206.01 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +6.59% | |
| Price / MA50: | +9.66% | |
| Price / MA100: | +6.05% | |
| Price / MAexp7: | +1.47% | |
| Price / MAexp20: | +5.08% | |
| Price / MAexp50: | +6.78% | |
| Price / MAexp100: | +5.33% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis KINGFISHER ORD 15 5/7P - Daily